Member Info for ThetaDecay

Was a lowball bid as predicted, its telling that ALL won't release the price of the proposed bid but they have been in negotiations for nearly a month... The recent price rise might have saved us here.

ASX force a price query when a share price changes a lot in a short amount of time. Atlantic have to respond if there is anything behind the scenes that could cause it. If no news behind the scenes, ALL can respond that they aren't aware of anything and it would continue trading, but ALL mentioned a "corporate transaction" so it had to be halted. Basically its an ASX policy, not an Atlantic Lithium choice.

The talks could break down so it would resume trading but the fact they are mentioning some form of announcement means an announcement is likely to come.

From the RNS:

The halt was requested by the Company pending its response to an ASX share price query, and to address speculation in relation to the potential ratification of the Company's Ewoyaa Mining Lease (note that the Company is not aware of any developments since the announcement of 22 December 2025) and discussions regarding a potential corporate transaction. The Company anticipates that the ASX trading halt will remain in place until the earlier of the release of the announcement, or the opening of trading on the ASX on Monday, 23 February 2026. Trading in the Company's ordinary securities will continue as normal on AIM, a market operated by the London Stock Exchange, during this period.

The important part is that the company is not aware of any change in ratification news but there is a "corporate transaction" taking place. Without the corporate transaction part, ALL could have responded to the price query saying they aren't aware of any new specific information that would cause the price rise and ASX would continue trading, so obviously something regarding the corporate transaction is leaking.

"The Company anticipates that the ASX trading halt will remain in place until the earlier of the release of the announcement". So there is an announcement coming, probably tomorrow or monday.

I don't think Atlantic Lithium wanted to halt trading, but since it shot up so much in a short amount of time, ASX have a policy where they send a price query and ALL have to respond with anything that could be causing this. They can keep it vague like they have, but if there is something behind the scenes that is leaking they would be legally required to halt trading until they announce it. If it was bad news, you would see the price leaking the other direction.

Thats not necessarily the case, it could be but it could be a company seeing that rat is imminent and wants to buy before the price pump resulting from it. Yes I think it would have to be above 30p for the board to negotiate like this. Anything under 50p is a low ball bid in my view but the board might see it differently

19.5 for me

The fact ALL requested to halt until Monday means they are taking whatever corporate action is occuring seriously. Probably involves finalising it with board approvals, lawyers and others. Most likely a buyout offer that the board is contemplating. Probably a low-ball offer but not low enough for the board not to negotiate.

Very Leaky the last week or so, probably in the final ends of negotiations.

"Potential corporate transaction" is deliberately vague corporate-speak that can mean several things... a takeover offer, a merger, a major asset sale, a strategic investment/partnership, or a joint venture. Companies are legally required to be truthful in these notices but are not required to spell out the details before they're finalised.

The fact that they explicitly named it rather than leaving it out suggests something substantive is genuinely on the table. If it were nothing, they wouldn't mention it. The halt running until 23 February (just days away) suggests an announcement is imminent rather than distant.

I don't think they would halt trading on ASX for upcoming rat, that doesn't trigger halting trading but a significant "Corporate action" does. Will be interesting to see whats announced over the weekend.

GLA

Hopefully soon but could be a month or two before the full contract is finalised. If I had to guess I would say £28 million

Seems like Octopus want around 13%, my guess is Octopus's selling has stopped now.

New RNS out, Octopus upping their stake even though they reduce a few days ago. Strange times

@carpymick By my calculations Atlantic Lithium could pay an easily covered 3% dividend yield with Coates exploration funding with the share price at 50p. Most single production miners tend to trade at 2-4% dividend yield during normal times.

Could be a decent drug but in general I avoid Biotechs worth less than $100 million, means its hard to fund phase III trials without dilution or bad equity deals. POLB 001 also has competitors in the CRS prevention space (Itacitinib and Lenzilumab) although those two are trialling CRS in Car-T therapy rather than POLB 001 Bispecific targeting. Could be a good opportunity there but I haven't researched that drug/company or that specific area to say. Most of the biotechs I own are US listed (liquidity/access to good capital), the only UK listed biotech I currently own is PureTech Health but thats more a riskier punt, compared to some of the others I own.

Cidara's drug is something special, not anything like the other vaccines in development. Its not a vaccine, its an anti-viral agent that protects against all strains of flu, not just seasonal, it doesn't trigger an immune response so for immunodeficient people it can be taken, it can last longer than a typical vaccine and it prevents a lot of different viruses, not technically just influenza A and B. You could say its a miracle drug for flu prevention so I am not surprised that MSD coughed up $9 billion for it. I bought Cidara shares after seeing the results of the Hvivo trial.

Just condense it into less posts. I appreciate the input

Piedmont's original plan was to refine the lithium themselves from imports into the US. I think this MOU with Mangrove is a step in that direction, Mangrove Lithium is using an experimental type of refining and could yield some decent efficiency. If this trial goes well I wouldnt be surprised to see Elevra buy out Mangrove outright. This is a trial for Elevra

@LSInvestor I appreciate the input but you could have condensed that into a single post instead of spamming. Although the research seems quite basic.

Dark pools have been in use for a long time now

Chinese company Zonda Tec Ghana unveils a new domestically produced EV range.

The company now operates more than 10 branches across Ghana and employs over 600 workers, with two assembly plants currently operational and a third facility dedicated to electric vehicles expected to be completed by March 2026.

https://www.newsghana.com.gh/zonda-tec-unveils-chery-suv-range-in-ghana-market/